LE ZEST
ActiveThe computed 12-month bankruptcy probability of LE ZEST is 1.8% (moderate). The 2024 annual accounts show equity of €14k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 18940 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+3
Solvency32▲+11
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.66 in 2023; short-term debt: 87.1% and cash: 17.9% of total assets), and 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7%
Return on assets
10.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
20 d early
2021
78 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k
2023 · €-7k
2018: €108k
2019: €45k
2020: €84k
2021: €86k
2022: €-12k
2023: €-7k
2018 → 2024
Total assets
€200k▲ 2.7%
2023 · €194k
2018: €260k
2019: €305k
2020: €257k
2021: €394k
2022: €209k
2023: €194k
2018 → 2024
Net result
€21k▲ 358%
2023 · €5k
2018: €4k
2019: €-42k
2020: €40k
2021: €162k
2022: €-98k
2023: €5k
2018 → 2024
Working capital
€-68k▼ 11.2%
2023 · €-61k
2018: €19k
2019: €-50k
2020: €20k
2021: €39k
2022: €-60k
2023: €-61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€86k▲ 2.0%€-12k€-7k▲ 39.0%€14k
Operating result€47k-€205k▲ 332%€-92k€13k€31k▲ 139%
Net result€40k-€162k▲ 310%€-98k€5k€21k▲ 358%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 139% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€94k▲ 23.9%
Current assets
€105k▼ 10.9%
Equity and liabilities €200k
Equity
€14k
Debt
€186k
Debt finances 93.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€52k▼
2023 · €53k
Cash flow
€43k▼
2023 · €45k
Solvency
7.0%▲
2023 · -3.7%
Current ratio
0.61▼
2023 · 0.66
Quick ratio
0.58▼
2023 · 0.63
Debt / equity
13.28▲
2023 · -27.77
ROE
151.9%
ROA
10.6%▲
2023 · 2.4%
Interest coverage
5.09▼
2023 · 5.85
Debt
€186k▼
2023 · €202k
Debt ≤ 1 year
€174k▼
2023 · €180k
Debt > 1 year
€12k▼
2023 · €22k
Income taxes
€265▲
2023 · €0
Staff costs
€359k▲
2023 · €334k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€194k€200k▲
Fixed assets21/28€76k€94k▲
Intangible fixed assets21€15k€15k=
Tangible fixed assets22/27€61k€79k▲
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€5k€31k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€48k€40k▼
Current assets29/58€118k€105k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€71k€61k▼
Trade receivables40€45k€40k▼
Other amounts receivable41€26k€22k▼
Cash at bank and in hand54/58€42k€36k▼
Deferred charges and accrued income490/1€906€3k▲
Equity and liabilities
Total equity and liabilities10/49€194k€200k▲
Equity10/15€-7k€14k▲
Contributions10/11€19k€19k=
Reserves13€25k€25k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-51k€-30k▲
Amounts payable17/49€202k€186k▼
Amounts payable after more than one year17€22k€12k▼
Financial debts170/4€22k€12k▼
Amounts payable within one year42/48€180k€174k▼
Current portion of amounts payable after more than one year42€11k€10k▼
Financial debts43€9k€0▼
Credit institutions430/8€9k€0▼
Trade debts44€87k€120k▲
Suppliers440/4€87k€120k▲
Advances received on contracts in progress46€36k€0▼
Taxes, remuneration and social security45€37k€43k▲
Taxes450/3€7k€13k▲
Remuneration and social security454/9€29k€31k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€334k€359k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€22k▼
Other operating charges640/8€26k€7k▼
Gross operating margin9900€414k€418k▲
Operating profit (loss)9901€13k€31k▲
Financial income75/76B€868€1k▲
Recurring financial income75€868€1k▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€5k€22k▲
Income taxes67/77€0€265▲
Profit (loss) for the period9904€5k€21k▲
Profit (loss) for the period to be appropriated9905€5k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-30k▲
Profit (loss) brought forward from the previous period14P€-55k€-51k▲
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90878.7-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-98k ▼160%
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €162k ▲310%
Operating result €205k, net result €162k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, De Panne · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeedijk 148660 De PanneGround area
1,077 m²
Building footprint
1,092 m²
Volume, LiDAR
25,288 m³
2 parcels, Flanders · tallest building 29.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
LE ZEST
since 20132.222.148.254
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38008A0192/00C000 | Flanders | 781 m² | 1 · 795 m² | 29.6 m · 9 fl. |
| 38008A0203/00A000 | Flanders | 296 m² | 1 · 296 m² | 29.3 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Panne2.222.148.254
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 7,986 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-09-2013
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:lacarimali@gmail.com